Comlimentary lunch will be served after the presentations of favorable policy initiatives at Zhaoyuan for entrepreneurs.

City of Zhaoyuan

Located in the northwest Shandong Peninsular, Zhaoyuan covers an area of 1,433 km2 with a population of 570,000. It consists of 14 towns (sub-districts) and one national Economic and Technological Development Zone. Zhaoyuan has been honored with many notable titles, including “Gold Capital in China”, “Vermicelli Capital in China”, “Hometown to Red Fuji Apple”, “China Excellent Tourism City”, “National Top 100 Science & Technology Advanced County-level Cities”, and “National Top 100 County-level Cities” etc.

Zhaoyuan has demonstrated strong economic strength. In 2017, it ranked the 38th on the list of Top 100 National County-level Cities in terms of Economic Basic Competitiveness and 33th of Top 100 National County-level Cities in terms of Comprehensive Strength, respectively. The GDP amounted to RMB 74.01 billion and the local public budget revenue reached RMB 5.75 billion. In recent years, based on the traditional five pillar industries of gold, tire and auto parts, electronics, machinery manufacturing and food processing, Zhaoyuan has cultivated certain strategic emerging industries such as bio-pharmaceutical industry, new materials industry, smart manufacturing, cultural tourism and electronic commerce.

Zhaoyuan's Bio-pharmaceutical Industry

For the development of bio-pharmaceutical industry, Zhaoyuan has planned a Bio-pharmaceutical Industrial Park which covers an area of 1 km2, established Governmental Industry Guidance Fund. Zhaoyuan has attracted biophama companies, such as Bellen Chemistry, which integrates R&D, production and service of pharmaceutical API. The city also launched bio-pharmaceutical innovative cooperation with Beijing Business Incubation Association (BBIA) and Zhongguancun Bio-pharmaceutical Industrial Park through strong leadership, renown experts, strong financial support, and complete supportive policies and services.

We sincerely hope that more and more institutions, platforms and enterprises including members of CABS to give supports and actively take part in the development of Zhaoyuan bio-pharmaceutical industry. On Sept 9th meeting, Zhaoyuan commence department will introduce their policy initiative and other favorable financial supports to the startups.